Dubai-based luxury hotel company Jumeirah and Dutch property developer MAB are teaming up to launch a new five-star city centre hotel in Frankfurt's PalaisQuartier district. Jumeirah said on Wednesday that it has signed a lease for the hotel element of the city's major new PalaisQuartier leisure and retail development, a project of MAB Development.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
